Ukrainian steel group Metinvest has planned to continuously reduce pig iron production and increase production of slabs and steel in 2020. The goal was to reduce pig iron production to 200,000 tonnes by 2020.
From January to September of this year, Metinvest's pig iron supplies amounted to 1.4 million tons, which is 32% less compared to the same period last year and decreased by 653,000 tons. Moreover, export supplies fell.
According to statistics, from January to September 2020, the volume of supplies of pig iron in Ukraine amounted to 1.8 million tons, of which 1.1 million tons were exported to the United States, which is lower than 1.3 million tons than in the same period last year. Thus, the market share in the United States fell from 31% to 23%, and the freed part was replaced by exports from Brazil.
Ukrainian Metinvest continues to reduce pig iron production by 2020
|
Azovpromstal® 27 December 2019 г. 08:57 |
